Inter Parfums - IPAR Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inter Parfums in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IPAR shares.
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5 Wall Street analysts have issued 12-month price targets for Inter Parfums' shares. Their IPAR share price forecasts range from $99.00 to $172.00. On average, they expect the company's stock price to reach $140.60 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price.
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Inter Parfums' stock was trading at $96.52 at the start of the year. Since then, IPAR shares have increased by 44.8% and is now trading at $139.72.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our IPAR earnings forecast.

Inter Parfums, Inc. (NASDAQ:IPAR) posted its earnings results on Monday, November, 8th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.52. The business had revenue of $262.70 million for the quarter, compared to analysts' expectations of $196.20 million. Inter Parfums had a trailing twelve-month return on equity of 16.94% and a net margin of 11.13%. The firm's quarterly revenue was up 63.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS.

Inter Parfums announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.625 per share on Friday, March 31st. This represents a $2.50 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.50.
Read our dividend analysis for IPAR.

ETFs with the largest weight of Inter Parfums (NASDAQ:IPAR) stock in their portfolio include AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco DWA Consumer Staples Momentum ETF (PSL), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ERShares NextGen Entrepreneurs ETF (ERSX), Invesco S&P SmallCap Momentum ETF (XSMO) and First Trust Small Cap Growth AlphaDEX Fund (FYC).

Inter Parfums (NASDAQ:IPAR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPAR will have a dividend payout ratio of 54.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPAR.

Inter Parfums updated its FY23 earnings guidance on Tuesday, February, 28th. The company provided EPS guidance of $4.00 for the period, compared to the consensus earnings per share estimate of $3.74. The company issued revenue guidance of ~$1.2 billion, compared to the consensus revenue estimate of $1.14 billion.

7 employees have rated Inter Parfums Chief Executive Officer Jean Madar on Glassdoor.com. Jean Madar has an approval rating of 100% among the company's employees. This puts Jean Madar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Inter Parfums investors own include AT&T (T), Pfizer (PFE), Energy Transfer (ET), NVIDIA (NVDA), General Motors (GM), Southwest Airlines (LUV), Monster Beverage (MNST), Agilent Technologies (A), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Inter Parfums trades on the NASDAQ under the ticker symbol "IPAR."

Inter Parfums' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.20%), Dimensional Fund Advisors LP (2.77%), Copeland Capital Management LLC (2.33%), Price T Rowe Associates Inc. MD (1.29%), WCM Investment Management LLC (1.19%) and Geode Capital Management LLC (1.09%). Insiders that own company stock include Francois Heilbronn, Gilbert Harrison, Jean Madar, Pelayo Frederic Garcia, Philippe Benacin, Philippe Santi, Russell Greenberg and Veronique Gabai-Pinsky.
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Shares of IPAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPAR stock can currently be purchased for approximately $139.72.

Inter Parfums (NASDAQ:IPAR) has a market capitalization of $4.49 billion and generates $1.09 billion in revenue each year. The company earns $120.94 million in net income (profit) each year or $3.78 on an earnings per share basis.

The company employs 467 workers across the globe.

Inter Parfums' mailing address is 551 Fifth Avenue, New York NY, 10176. The official website for the company is www.interparfumsinc.com. The company can be reached via phone at (212) 983-2640, via email at rgreenberg@interparfumsinc.com, or via fax at 212-983-4197.